NRS 645.8711
“Commercial real estate” defined.

“Commercial real estate” means any real estate located in this State. The term does not include:


Improved real estate that consists of not more than four residential units;


Unimproved real estate for which not more than four residential units may be developed or constructed pursuant to any zoning regulations or any development plan applicable to the real estate; or


A single-family residential unit, including a condominium, townhouse or home within a subdivision, if the unit is sold, leased or otherwise conveyed unit by unit, regardless of whether the unit is part of a larger building or parcel that consists of more than four units.

Source: Section 645.8711 — “Commercial real estate” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-645.­html#NRS645Sec8711.

Last Updated

Jun. 24, 2021

§ 645.8711’s source at nv​.us